- Julie Boote
- Lindsay Whipp
- Pelham Smithers
- Thao Nguyen
- William Nestuk
PSA Today 9 Feb: US rate uncertainty continues / Nikon's 3Q / Toyota and Nissan's 3Qs / Fujikura's 3Q disappoints / Nexon's FY22 / NTT Data's 3Q beats – Nikkei 225 -0.08%
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk, Thao Nguyen and Lindsay WhippTags: SoftBank Group (9984 JT), AGC (5201 JT), Fujifilm (4901 JT), DMG Mori (6141 JT), Sega Sammy (6460 JT), Sumco (3436 JT), Kuraray (3405 JT), Nikon (7731 JT), Toyota Motor (7203 JT), Nissan Motor (7201 JT), Renault (RNO FP), Fujikura (5803 JT), Nexon (3659 JT), NTT Data (9613 JT), NTT Corp (9432 JT)
Main Points
• Tokyo closes mixed as US interest rate uncertainty continues to impact
• Nikon: FY22 Q3 OP +63% YoY
• Toyota delivers strong Q3 results, forecasts remain unchanged
• Nissan reports Q3 results above estimates
• Fujikura’s in-line Q3 OP marred by weak automotive guidance
• Nexon’s FY22 OP misses while FY23 Q1 OP guidance beats
• NTT Data: FY22 Q3 results beat expectations
Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods.
PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries.
The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012.
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